About NovaSource Power Services
NovaSource Power Services is a company based in Austin (United States) founded in 2020 by Jack Bennett. NovaSource Power Services has raised $100 million across 1 funding round from investors including OMERS Private Equity. NovaSource Power Services has completed 1 acquisition, including Heliolytics. NovaSource Power Services offers products and services including O&M Services, Aerial Inspection Services, and Supply Chain Services. NovaSource Power Services operates in a competitive market with competitors including Gensol, BHI Energy, SunSystem Technology, Inspire Clean Energy and ENER-PACTE, among others.
- Headquarter Austin, United States
- Founders Jack Bennett
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Series C
Aug 09, 2022
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of NovaSource Power Services
NovaSource Power Services offers a comprehensive portfolio of products and services, including O&M Services, Aerial Inspection Services, and Supply Chain Services.
Data-driven operations for renewable assets to optimize performance.
Aerial monitoring to detect issues in renewable energy systems.
Support for supply chains in renewable energy projects.
People of NovaSource Power Services
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Software Development Team
34 people
Finance and Accounting
7 people
Sales and Marketing
6 people
Human Resources and Administration
6 people
Operations Team
6 people
Leadership Team
3 people
Electrical Team
2 people
Product Management Team
2 people
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Funding Insights of NovaSource Power Services
NovaSource Power Services has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series C round of $100 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NovaSource Power Services
NovaSource Power Services has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include OMERS Private Equity.
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Private equity investments are managed for municipal pension plans.
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Investor details for NovaSource Power Services
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Investments & Acquisitions by NovaSource Power Services
NovaSource Power Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Heliolytics.
Investment portfolio details for NovaSource Power Services
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Solar operations and maintenance services are provided to utility-scale projects.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for NovaSource Power Services
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Financial Statements - NovaSource Power Services
Detailed financials for NovaSource Power Services
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Novasource Power Services Comparisons
Peer comparison for NovaSource Power Services
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Competitors of NovaSource Power Services
NovaSource Power Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gensol, BHI Energy, SunSystem Technology, Inspire Clean Energy and ENER-PACTE, among others.
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Provider of solar advisory and execution services
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Renewable energy and oil & gas projects are developed.
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Operations and maintenance services are provided for solar energy systems.
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Provides solar PV asset management and operations & maintenance services.
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Provider of O&M services for solar power plants
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Detailed competitors of NovaSource Power Services
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Latest news on Novasource Power Services
Complete news archive for NovaSource Power Services
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Frequently Asked Questions about NovaSource Power Services
NovaSource Power Services was founded in 2020 and raised its 1st funding round 2 years after it was founded.
NovaSource Power Services is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Jack Bennett is the current CEO of NovaSource Power Services. They have also founded this company.
NovaSource Power Services is a funded company, having raised a total of $100M across 1 funding round to date.
NovaSource Power Services was established in 2020 and is based in Austin, United States. Operations and maintenance services for solar power assets are delivered in the renewable energy sector. Focus is placed on optimizing performance and uptime for utility-scale and commercial solar installations. The company is led by Founder and CEO Jack Bennett, with activities centered in North America.
NovaSource Power Services's top competitors include Gensol, BHI Energy and SunSystem Technology.
NovaSource Power Services offers O&M Services, Aerial Inspection Services, and Supply Chain Services.
NovaSource Power Services has made 1 acquisition, including Heliolytics.
NovaSource Power Services has 1 investor. Key investors include OMERS Private Equity.